What Can Business Expect from Quantum Computing?
(ChronOnline) The possibilities of quantum computing for businesses are immense in domains such as healthcare, financial services and IT. The companies that succeed in quantum computing will be those that create value chains to exploit the new insights,
The most anticipated uses of quantum computing are driven by its potential to simulate quantum structures and behaviours across chemicals and materials. This promise is being seen guardedly by current scientists who claim quantum computing is still far from making a meaningful impact.
This said, quantum computing is expected to open amazing and much-needed possibilities in medical research. Drug development time, which usually takes more than 10 to 12 years with billions of dollars of investment, is expected to reduce considerably, alongside the potential to explore unique chemical compositions that may just be beyond the limits of current classical computing. Quantum computing can also help with more accurate weather forecasting, and provide accurate information that can help save tremendous amounts of agriculture production from damage.
Having a systematic and planned approach to adoption of quantum computing will not only take some of its mystery away, but reveal its true strategic value, helping us to know when and how to become part of this once in a lifetime revolution.